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Sign upThe Nomad Model
A collaborative business model leveraging pyrolysis to end plastic pollution and regenerate nature in high-impact areas
- About Company
The Nomad Model
A collaborative business model leveraging pyrolysis to end plastic pollution and regenerate nature in high-impact areas
Label Date
May 5, 2023
From
Hong Kong SAR
Maturity stage
TRL 7 - Prototype testing in the real world
The Solution aims at ending plastic pollution while regenerating nature in the most threatened biodiversity hotspots. We created a Model creating resilience within ecosystems through the collaboration of local communities, businesses, environmentalists by leveraging plastic pyrolysis. Transforming low-value plastics into fuel such as diesel and gasoline is the only economically viable solution and best alternative in those remote areas, enabling as such necessary incentives for communities to collect plastic waste, generate a profit through its transformation, creating traction by fueling local businesses such as tourism and enabling profit allocation into nature conservation and regeneration. Research continues to enable a transition to more sober solutions and find better alternatives than pyrolysis. In any case the action starts now. End Plastic Pollution, Regenerate Nature!
The Environmental Benefits
- •200 tonnes of plastic transformed into 100,000+ L of fuel per year (instead of burning or thrown in the sea)
- •Low sulfur (because not using traditional extracted oil) and high calorific value fuel (10% higher than regular fuel)
- •Low carbon emission during fuel production phase (compared to traditional extracted oil)
- •2,000 ha of marine protected areas per project on average (protect threatened species, support fishermen communities, ...)
- •an average of -50% of CO2 emission for our model compared to mainstream (without counting final offset) - see excel "carbon budget PO Project" and -90% of waste leakage in waterways and burnt in the open
The Financial Benefits
- •More than 40,000 USD of profit allocated to nature conservation per project and per year
- •5 to 30% savings on traditional fuel price
- •The social impact is also essential with education of 20% (and growing) of engaged villagers to sustainability and the notion of waste > direct impact on supporting the whole model
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Company Profile
Nomad Plastic Ltd
Developing collaborative solutions to end plastic pollution and regenerate nature in high-impact areas
Headquarters
38 D'Aguilar St, Central, Hong Kong
Type
Company
Related Topics
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Jan 2021
JF Pyrolysis Products-from-Waste System
Waste conversion technology as a carbon-neutral alternative to fossil fuels
- Utilities (Water, Energy, Waste)
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator Nomad Plastic Ltd has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.